What are the real FNB Account differences?

backstreetboy said:
PAYT will still be cheaper.
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I don’t even know why I’m engaging with you on this clearly daft comment.

There is a very obvious number or type of transactions where bundled will be cheaper.

I’m not going to bother working it out for you, as you’ll still claim it’s cheaper to pay as you go.
 
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Will be an arbitrary high number not many will reach.
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Even at 30 transactions PAYT is still much cheaper.
 
backstreetboy said:
Will be an arbitrary high number not many will reach.
819e62566a3467308dfc471aaa4934d9.jpg
Even at 30 transactions PAYT is still much cheaper.
Click to expand...

If you have more than 5 debit orders, bundle is the way to go honestly ! Remember, what you seeing on top is excluding any Credit Card or Ebucks monthly fees. So do the sums please ...
 
backstreetboy said:
Been proven long ago that bundle accounts are more expensive compared to PAYT accounts. I fail to see the point of an overdraft when you have a free or cheap credit card.

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As you can see the bundle accounts are all more expensive...
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No sht sherlock, I acknowledged that in the post you are quoting, though depending on some factors the difference can narrow significantly. For instance some of the free accounts charge a fortune for each debit order, if you have 6 debit orders running each month..

Also go check the interest rates charged on cc vs overdraft acc then report back. Not everything can be paid for using cc, when you need a lot of bridging finance in cash to pay for something(a vehicle from a private seller being one) an overdraft is the easiest and most cost effective solution there is.
 
I was upgraded to FNB Private Client even though I should be on Gold.
I am busy moving back to Gold and have done my credit card, next is the cheque account.

Am currently paying almost R500 in bank charges to have these 2 Private accounts (cheque & Credit), earn zero eBucks as I tick all the boxes for eBucks but I dont earn enough so autmatically i am on Level 0

When I was on Gold i was on Level 5 and enjoyed my 40% discounts with lower bank charges.

Basically don't upgrade, I cannot see how it benefits you, it didnt for me.
 
airborne said:
No sht sherlock, I acknowledged that in the post you are quoting, though depending on some factors the difference can narrow significantly. For instance some of the free accounts charge a fortune for each debit order, if you have 6 debit orders running each month..

Also go check the interest rates charged on cc vs overdraft acc then report back. Not everything can be paid for using cc, when you need a lot of bridging finance in cash to pay for something(a vehicle from a private seller being one) an overdraft is the easiest and most cost effective solution there is.
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The newer banks are cheap and the ones that are coming will probably be cheaper. Wouldn't know I bought my car cash before I sold it a few years later. Only thing you really should buy on credit is a house. The rest you can save for and buy cash unless you want to keep up with the Joneses...
 
backstreetboy said:
The newer banks are cheap and the ones that are coming will probably be cheaper. Wouldn't know I bought my car cash before I sold it a few years later. Only thing you really should buy on credit is a house. The rest you can save for and buy cash unless you want to keep up with the Joneses...
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Bud your reading or comprehension skillz are up to sht, unless you are are on the troll like you normally are.

I said "bridging finance", ie pay for a newer car with cash, some of that cash from the overdraft(the bridging finance part), once the old car is sold a week or 3 later the overdraft gets settled.
 
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